UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON, D. C.  20549

                ----------------------------------
                            FORM 10-K

    [X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934
                  For the fiscal year ended  February 28, 2005
                                             -----------------
                               OR
 [  ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934
          For the transition period from           to
                                         ---------    -----------

               Commission file number      1-5807
                                        ----------------

                         ENNIS, INC.
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     (Exact name of registrant as specified in its charter)

        Texas                                  75-0256410
---------------------------------        ------------------------
(State or other jurisdiction                  (IRS Employer
of incorporation or organization)          Identification No.)


2441 Presidential Parkway, Midlothian, Texas             76065
---------------------------------------------         -----------
(Address of principal executive offices)                Zip Code

Registrant's telephone number, including area code (972) 775-9801
                                                   --------------

Securities registered pursuant to Section 12(b) of the Act:


                                    Name of each exchange
   Title of each class               on which registered
   -------------------             ------------------------

  Common Stock, par value
      $2.50 per share              New York Stock Exchange
--------------------------         -----------------------

Securities registered pursuant to Section 12(g) of the Act:  None

Indicate  by check mark whether the registrant (1) has filed  all
reports  required  to be filed by Section  13  or  15(d)  of  the
Securities  Exchange Act of 1934 during the preceding  12  months
(or  for such shorter period that the registrant was required  to
file  such  reports),  and (2) has been subject  to  such  filing
requirements for the past 90 days.    Yes  X   No
                                         -----   ----

Indicate  by  check  mark  if  disclosure  of  delinquent  filers
pursuant  to Item 405 of Regulation S-K is not contained  herein,
and will not be contained, to the best of registrant's knowledge,
in  definitive  proxy or information statements  incorporated  by
reference in Part III of this Form 10-K or any amendment to  this
Form 10-K.                                                    [X]

Indicate  by  check mark whether the registrant is an accelerated
filer (as defined in Rule 12b-2 of the Act).
                                                 Yes  X   No
                                                    -----   ----

The  number of shares of the registrant's Common Stock, par value
$2.50, outstanding at April 15, 2005 was 25,417,995.

The aggregate market value of voting stock held by non-affiliates
of  the  registrant as of August 31, 2004 (16,166,888) and  April
15,  2005 (25,182,674 shares) were $301,997,468 and $407,455,665,
respectively.

DOCUMENTS INCORPORATED BY REFERENCE:
Portions of 2005 Annual Report to Shareholders - Incorporated in
Parts I & II
Portions of Proxy Statement filed within 120 days of the February
28, 2005 fiscal year end - Incorporated in Part III

<PAGE>

               SECURITIES AND EXCHANGE COMMISSION

                            FORM 10-K

                             PART I
                             ------

Item 1.   Business.
-------   ---------

     Ennis,  Inc., formerly named Ennis Business Forms, Inc.  was
organized under the laws of Texas in 1909.  Ennis, Inc.  and  its
subsidiaries (collectively "Ennis" or the "Company")  operate  in
four  business segments.  The Forms Solutions Group is  primarily
in  the business of manufacturing and selling business forms  and
other printed business products.  The Promotional Solutions Group
is   primarily   in  the  business  of  design,  production   and
distribution   of  printed  and  electronic  media,  presentation
products, flexographic printing, advertising specialties and Post-
it  (registered trademark) Notes.  The Financial Solutions  Group
designs,  manufactures and markets printed forms and  specializes
in  internal  bank  forms,  secure and negotiable  documents  and
custom  products.   The Apparel Solutions Group manufactures  and
distributes  t-shirts and other activewear  apparel.   Additional
information  concerning  the segments is incorporated  herein  by
reference  to  page  18 through 20 of the Company's  2005  Annual
Report to Shareholders that is attached as Exhibit (13) hereto.

     Approximately  98% of the business products manufactured  by
the  Forms, Promotional and Financial Solutions Groups are custom
and  semi-custom, constructed in a wide variety of sizes, colors,
number  of  parts  and  quantities on  an  individual  job  basis
depending  upon  the customers' specifications. The  products  of
Apparel Solutions Group are standardized shirts manufactured in a
variety of sizes and colors. The Forms, Promotional and Financial
Solutions Groups operates thirty four manufacturing locations  in
United  States  of  America  (USA)  and  seventeen  strategically
located  domestic  states providing the Ennis dealer  a  national
network  for  meeting users' demands for hand or machine  written
records and documents. The Apparel Solutions Groups operates  six
manufacturing  facilities, one in the USA  and  five  in  Mexico.
Additionally,  it  operates seven distribution  centers  in  five
states and Canada. For the year ended February 28, 2005 the sales
from the Forms Solutions Group was 49% of consolidated net sales,
Promotional  Solutions Group was 23%, Financial  Solutions  Group
was  13%  and  Apparel  products represented  approximately  15%.
Management  estimates the sale of apparel products in the  future
will  constitute  a significantly larger portion of  consolidated
net sales.

     While  it  is not possible, because of the lack of  adequate
statistical information, to determine Ennis' share of  the  total
business products market, management believes Ennis is one of the
largest  producers  of  business  forms  in  the  United   States
distributing primarily through independent dealers, and that  its
business  forms offering is more diversified than  that  of  most
companies in the business forms industry.

      The  industry of the Printing Segments of Ennis is  divided
into  two major competitive segments.  One segment sells directly
to end users, and is dominated by a few large manufacturers, such
as  Moore  Wallace,  a  subsidiary  of  R.R.  Donnelly,  Standard
Register,  and  Cenveo.   The other segment,  which  the  Company
primarily  serves, distributes forms and other business  products
through  a  variety of resellers.  Cenveo also distributes  forms
and  other business products through a variety of resellers.  The
Company  believes it is one of the largest forms companies  which
serves  this  segment  of the market.   There  are  a  number  of
competitors, which operate in this segment ranging in  size  from
single  employee-owner  operations to  multi-plant  organizations
such  as  Cenveo  and  their Quality Park brand.   The  Company's
strategic  plant locations and buying power permit it to  compete
on  a  favorable basis within this segment of the market  on  the
competitive factors of service, quality and price.
                                1
<PAGE>

     The  Apparel Segment industry is divided into  a  number  of
segments,   although  Alstyle  is  primarily  involved   in   the
activewear  segment  and  produces t-shirts,  fleece  items,  and
sources  such  products as hats, shorts,  pants  and  other  such
activewear   apparel  from  China,  Thailand,  Pakistan,   India,
Indonesia,  Russia,  and other foreign sources  to  sell  to  its
customers   through  its  sales  representatives.   Its   primary
competitors  are  Delta  Apparel,  Russell,  Hanes   and   Gildan
Activewear.   While  it  is not possible to calculate  precisely,
Alstyle  is  one  of  the major provides or activewear  in  North
America.   Alstyle competes with many branded and  private  label
manufacturers  of knit apparel in the United States  and  Canada,
some  of  which  are  larger in size and have  greater  financial
resources than Alstyle.  Alstyle competes on the basis of  price,
quality, service and delivery.  Alstyle's strategy is to provided
the best value to its customers by delivering a consistent, high-
quality  product  at a competitive price.  Alstyle's  competitive
disadvantage is that its brand name, Alstyle Apparel, is  not  as
well known as the brand names of its largest competitors, such as
Gildan, Delta, Hanes and Russell.

     Distribution  of business forms and other business  products
throughout  the  United States is primarily  through  independent
dealers,   including  business  forms  distributors,  stationers,
printers,  computer  software developers,  advertising  agencies,
etc.    The  Promotional  and  Financial  Solutions  Groups   are
dependent  upon  certain  major  customers.   The  loss  of  such
customers  could have a material adverse effect on  the  segment.
No  single  customer  accounts for as  much  as  ten  percent  of
consolidated net sales.  Distribution of the Apparel products  is
through  its  own  staff  of  sales  representatives  selling  to
distributors   who   resell   to  retailers,   or   directly   to
screenprinters, embellishers, retailers and mass marketers.

    Raw materials of the Printing Segments principally consist of
a wide variety of weights, widths, colors, sizes and qualities of
paper  for  business products purchased from a  number  of  major
suppliers  at  prevailing market prices.  Raw  materials  of  the
Apparel Segment principally consist of cotton and polyester yarn.

     Business products usage in the Printing Segment is generally
not  seasonal.   General economic conditions and  contraction  of
traditional business forms industry are the predominant factor in
quarterly  volume  fluctuations.   The  Apparel  Segment  has   a
cyclical  nature  to  the  business.   Sales  of  activewear  are
heaviest in the first and second fiscal quarters of Ennis,  Inc.,
with  the third quarter being historically less than the previous
quarter and the fourth quarter being the low point in the cycle.

Patents, Licenses, Franchises and Concessions:
---------------------------------------------------------

     The Company does not have any significant patents, licenses,
franchises or concessions.

Intellectual Property:
----------------------

We   market  our  products  under  a  number  of  trademarks  and
tradenames.   We have registered trademarks in the United  States
for  Ennis,  A Alstyle Apparel, AA Alstyle Apparel &  Activewear,
AAA  Alstyle Apparel & Activewear, American Diamond,  Classic  by
Alstyle  Apparel,  Diamond Star, Executive by  Alstyle,  Gaziani,
Gaziani  Fashions,  Hyland, Hyland Headwear by  Alstyle,  Murina,
Tennessee      River,     360     Custom     Labels,      Admore,
CashManagementSupply.com, Securestar, Northstar,  MICRLink,  MICR
Connection,    Ennisstores.com,   General    Financial    Supply,
Calibrated,  Witt  Printing, GenForms, Royal,  Crabar/GBF,  Adams
McClure, Advertising Concepts, ColorWorx, Star Award Ribbon,  and
variations of these brands as well as other trademarks.  We  have
similar  trademark registrations internationally.  The protection
of  our trademarks is important to our business.  We believe that
our  registered and common law trademarks have significant  value
and  these  trademarks are instrumental to our ability to  create
and sustain demand for our products.

                                2
<PAGE>

Backlog:
-------

     At February 28, 2005 the Company's backlog of business forms
orders  believed  to  be  firm  was approximately  $7,918,000  as
compared  to approximately $5,355,000 at February 29, 2004.   The
backlog  of orders of promotional media at February 28, 2005  was
approximately $6,824,000 as compared to approximately $12,300,000
at February 29, 2004.  The backlog of financial forms at February
28,   2005   was   approximately  $2,376,000   as   compared   to
approximately $2,315,000 at February 29, 2004.

Research and Development:
------------------------

    While the Company continuously looks for new products to sell
through  its  distribution channel, there have been  no  material
amounts  spent  on research and development in  the  fiscal  year
ended February 28, 2005.

Environment:
-----------

     There  have been no material effects on the Company  arising
from  compliance  with  Federal, State  or  local  provisions  or
regulations relating to the protection of the environment.


Employees:
---------

     At  February  28, 2005, the Company had approximately  6,200
employees.   Approximately 2,800 of the employees are  in  Mexico
and  approximately  30  employees  are  in  Canada.  Of  the  USA
employees, approximately 460 were represented by three unions and
under  six separate contracts expiring at various times.  Of  the
employees in Mexico, two unions represent substantially all  with
contracts expiring a various times.


Risk Factors
------------

      You should carefully consider the risks described below, as
well  as  the  other  information  included  or  incorporated  by
reference  in this Annual Report on Form 10-K, before  making  an
investment  in  the Company's common stock.  The risks  described
below  are not the only ones we face in our business.  Additional
risks  and  uncertainties not presently known to us  or  that  we
currently  believe to be immaterial may also impair our  business
operations.   If any of the following risks occur, our  business,
financial  condition  or operating results  could  be  materially
harmed.   In  such  an event, our common stock could  decline  in
price and you may lose all or part of your investment.


Ennis may be required to write down goodwill and other intangible
assets  in  the future, which could cause its financial condition
and results of operations to be negatively affected in the future
-----------------------------------------------------------------
     When  Ennis  acquires a business, a portion of the  purchase
price  of  the  acquisition is allocated to  goodwill  and  other
identifiable intangible assets. The amount of the purchase price,
which  is  allocated to goodwill and other intangible assets,  is
determined  by  the  excess of the purchase price  over  the  net
identifiable  assets  acquired.  At  February  28,  2005   Ennis'
goodwill   was   approximately  $178.5  million.  Under   current
accounting  standards, if Ennis determines goodwill or intangible
assets are impaired, it would be required to write down the value
of  these  assets. Ennis conducts an annual review  to  determine
whether  goodwill  and other identifiable intangible  assets  are
impaired.  Ennis  completed such an impairment analysis  for  its
fiscal year ended



                                3

<PAGE>

February  28, 2005, and concluded that no impairment  charge  was
necessary.  Ennis cannot provide assurance that it  will  not  be
required  to  take  an  impairment  charge  in  the  future.  Any
impairment   charge  would  have  a  negative   effect   on   its
shareholders'  equity  and financial  results  and  may  cause  a
decline in Ennis' stock price.


Printed business forms may be superceded over time by "paperless"
business   forms   or   otherwise   affected   by   technological
obsolescence  and  changing  customer  preferences,  which  could
reduce our sales and profits
-----------------------------------------------------------------
     Printed   business  forms  and  checks  may  eventually   be
superceded  by  "paperless" business forms, which  could  have  a
material adverse effect on Ennis' business over time.  The  price
and  performance capabilities of personal computers  and  related
printers  now  provide a cost-competitive  means  to  print  low-
quality versions of many of our business forms on plain paper. In
addition,   electronic  transaction  systems  and   off-the-shelf
business  software  applications have been designed  to  automate
several of the functions performed by our business form and check
products.   In  response  to  the  gradual  obsolescence  of  our
standardized   forms  business,  we  continue  to   develop   our
capability  to  provide custom and full-color products.   We  are
also  seeking to introduce new products and services that may  be
less  susceptible to technological obsolescence.  If new printing
capabilities  and new product introductions do  not  continue  to
offset  the  obsolescence  of  our  standardized  business  forms
products;  there  is a risk that the number of new  customers  we
attract  and  existing customers we retain  may  diminish,  which
could  reduce  our sales and profits. Decreases in sales  of  our
standardized  business  forms and products  due  to  obsolescence
could also reduce our gross margins. This reduction could in turn
adversely  impact our profits, unless we are able to  offset  the
reduction  through the introduction of new high  margin  products
and services or realize cost savings in other areas.


Our distributors face increased competition from various sources,
such  as  office  supply superstores.  Increased competition  may
require  Ennis  to reduce prices or to offer other incentives  in
order  to  enable its distributors to attract new  customers  and
retain existing customers
-----------------------------------------------------------------
     Low  price,  high  value office supply  chain  stores  offer
standardized   business  forms,  checks  and  related   products.
Because of their size, these superstores have the buying power to
offer  many  of  these  products at  competitive  prices.   These
superstores also offer the convenience of "one-stop" shopping for
a  broad  array of office supplies that our distributors  do  not
offer.   In addition, superstores have the financial strength  to
reduce  prices or increase promotional discounts to expand market
share.   This could result in our reducing our prices or offering
incentives  in  order to enable our distributors to  attract  new
customers and retain existing customers.


Technological  improvements may reduce our competitive  advantage
over some of our competitors, which could reduce our profits
-----------------------------------------------------------------
     Improvements in the cost and quality of printing  technology
are  enabling some of our competitors to gain access to  products
of   complex  design  and  functionality  at  competitive  costs.
Increased  competition from these competitors could force  us  to
reduce our prices in order to attract and retain customers, which
could reduce our profits.


Concentration of Business Form and Apparel Vendors and Suppliers
-----------------------------------------------------------------
     We  use a limited number of vendors and suppliers to provide
ink  for  our  business, and we use as sole sources Mead/Westvaco
for  paper  and  UPS  for delivery services.   We  contract  with
Parkdale   Mills  for  our  supplies  of  yarn.   If  there   are
interruptions  in  supplies  or service  from  these  vendors  or
suppliers, it could result in a disruption to our business, if we
are  unable  to  readily find alternative  service  providers  at
comparable rates.


Ennis  could  experience labor disputes that  could  disrupt  its
business in the future
-----------------------------------------------------------------
     As  of  February  28,  2005,  approximately  14%  of  Ennis'
domestic   employees  are  represented  by  labor  unions   under
collective  bargaining agreements, which are subject to  periodic
renegotiations.  Two unions represent all of the hourly employees
in   Mexico.   Although  Ennis  has  not  experienced  any  labor
stoppages in the



                                4

<PAGE>

last  10  years, there can be no assurance that any future  labor
negotiations  may  not  prove  successful,  may   result   in   a
significant increase in the cost of labor or may break  down  and
result in the disruption of our business forms operations.


Alstyle  obtains  its  raw materials from  a  limited  number  of
suppliers  and  any  disruption in its relationships  with  these
suppliers,  or  any  substantial increase in  the  price  of  raw
materials, could have a material adverse effect on Alstyle
-----------------------------------------------------------------
     Cotton  yarn  is the primary raw material used in  Alstyle's
manufacturing  processes.  Cotton accounts for approximately  40%
of the manufactured product cost.  Alstyle acquires its yarn from
five  major  sources  that  meet stringent  quality  and  on-time
delivery requirements.  The largest supplier provides over 50% of
Alstyle's yarn requirements and has an entire yarn mill dedicated
to  Alstyle's production. The other major raw material components
used  in Alstyle's manufacturing processes are chemicals used  to
treat the fabric during the dyeing process.  Alstyle sole-sources
the  supply  of these chemicals from one supplier.  If  Alstyle's
relations  with its suppliers are disrupted, Alstyle may  not  be
able  to  enter  into arrangements with substitute  suppliers  on
terms  as  favorable  as its current terms  and  our  results  of
operations could be materially adversely affected.

     Alstyle  generally acquires its cotton yarn under short-term
purchase orders with its suppliers, and has exposure to swings in
cotton   market   prices.   Alstyle  does  not   use   derivative
instruments,  including cotton option contracts,  to  manage  its
exposure to movements in cotton market prices.  Alstyle  may  use
such derivative instruments in the future.  While we believe that
Alstyle  will be competitive with other companies in  the  United
States  apparel  industry  in negotiating  the  price  of  cotton
purchased for future production use, any significant increase  in
the  price of cotton could have a material adverse effect on  our
results of operations.


Alstyle faces intense competition to gain market share, which may
lead  some  competitors to sell substantial amounts of  goods  at
prices against which Alstyle cannot profitably compete
-----------------------------------------------------------------
     Demand  for  Alstyle's products is dependent on the  general
demand  for t-shirts and the availability of alternative  sources
of  supply.  Alstyle's strategy in this market environment is  to
be  a  low cost producer and to differentiate itself by providing
quality  service  to  its customers.  Even if  this  strategy  is
successful, its results may be offset by reductions in demand  or
price declines.


Apparel industry cyclicality
-----------------------------------------------------------------
     The  United  States  apparel industry is  sensitive  to  the
business   cycle   of  the  national  economy.    Moreover,   the
popularity, supply and demand for particular apparel products can
change significantly from year to year.  Alstyle may be unable to
compete  successfully  in any industry  downturn  due  to  excess
capacity.

Foreign political and economic risk
-----------------------------------------------------------------
     Alstyle  operates cutting and sewing facilities  in  Mexico,
and  sources  certain product manufacturing and purchases  in  El
Salvador, Pakistan, China and Southeast Asia.  Alstyle's  foreign
operations  could be subject to unexpected changes in  regulatory
requirements, tariffs and other market barriers and political and
economic  instability in the countries where  it  operates.   The
impact  of  any  such events that may occur in the  future  could
subject Alstyle to additional costs or loss of sales, which could
adversely  affect its operating results.  In particular,  Alstyle
operates  its  facilities in Mexico pursuant to the "maquiladora"
duty-free  program established by the Mexican and  United  States
governments.   This program enables Alstyle to take advantage  of
generally lower costs in Mexico, without paying duty on inventory
shipped  into  or out of Mexico.  There can be no assurance  that
the  government of Mexico will continue the program currently  in
place  or  that Alstyle will continue to be able to benefit  from
this  program.  The loss of these benefits could have an  adverse
effect on our business.


                                5
<PAGE>

Alstyle's products are subject to foreign competition,  which  in
the  past has been faced with significant U.S. government  import
restrictions
-----------------------------------------------------------------
     Foreign  producers  of apparel often have significant  labor
cost  advantages.   Given the number of these foreign  producers,
the  substantial elimination of import protections  that  protect
domestic  apparel  producers  could materially  adversely  affect
Alstyle's business.  The extent of import protection afforded  to
domestic  apparel  producers has been, and is likely  to  remain,
subject to considerable political considerations.

     The  North  American  Free  Trade Agreement  (NAFTA)  became
effective  on  January 1, 1994 and has created a free-trade  zone
among  Canada,  Mexico and the United States.  NAFTA  contains  a
rule  of origin requirement that products be produced in  one  of
the  three  countries  in order to benefit  from  the  agreement.
NAFTA has phased out all trade restrictions and tariffs among the
three  countries on apparel products competitive  with  those  of
Alstyle.   Alstyle performs substantially all of its cutting  and
sewing  in  five  plants  located in  Mexico  in  order  to  take
advantage of the NAFTA benefits.  Subsequent repeal or alteration
of NAFTA could seriously adversely affect our business.

     The  Central  American Free Trade Agreement  (CAFTA)  became
effective  May 28, 2004 and retroactive to January  1,  2004  for
textiles  and  apparel. It creates a free trade zone  similar  to
NAFTA  by  and  between  the United States and  Central  American
countries  (El  Salvador,  Honduras, Costa  Rica,  Nicaragua  and
Dominican Republic.)  Textiles and apparel will be duty-free  and
quota-free  immediately  if they meet  the  agreement's  rule  of
origin, promoting new opportunities for U.S. and Central American
fiber,  yarn,  fabric and apparel manufacturing.   The  agreement
will also give duty-free benefits to some apparel made in Central
America that contains certain fabrics from NAFTA partners  Mexico
and Canada.  Alstyle sources approximately 5% of its sewing to  a
contract  manufacturer in El Salvador, and we do  not  anticipate
that this will have a material effect on its operations.

     The  World  Trade  Organization (WTO), a multilateral  trade
organization, was formed in January 1995 and is the successor  to
the   General  Agreement  on  Tariffs  and  Trade  (GATT).   This
multilateral trade organization has set forth mechanisms by which
world  trade  in  clothing is being progressively liberalized  by
phasing-out quotas and reducing duties over a period of time that
began  in  January of 1995.  As it implements the WTO mechanisms,
the  U.S.  government is negotiating bilateral  trade  agreements
with  developing  countries  (which are  generally  exporters  of
textile and apparel products) that are members of the WTO to  get
them  to  reduce their tariffs on imports of textiles and apparel
in  exchange  for reductions by the United States in  tariffs  on
imports of textiles and apparel.

     In  January  2005,  United States import  quotas  have  been
removed on knitted shirts from China.  The elimination of  quotas
and  the  reduction  of  tariffs under  the  WTO  may  result  in
increased imports of certain apparel products into North America.
In  May  2005,  quotas on three categories of  clothing  imports,
including  knitted  shirts, from China  were  re-imposed.   These
factors  could  make Alstyle's products less competitive  against
low cost imports from developing countries.

Environmental regulations
-----------------------------------------------------------------
     We  are subject to extensive and changing federal, state and
foreign   laws   and   regulations   establishing   health    and
environmental quality standards, and may be subject to  liability
or  penalties  for violations of those standards.   We  are  also
subject   to  laws  and  regulations  governing  remediation   of
contamination  at  facilities  currently  or  formerly  owned  or
operated  by us or to which we have sent hazardous substances  or
wastes for

                                6

<PAGE>

treatment,  recycling or disposal.  We may be subject  to  future
liabilities  or obligations as a result of new or more  stringent
interpretations of existing laws and regulations.   In  addition,
we  may  have  liabilities or obligations in  the  future  if  we
discover any environmental contamination or liability at  any  of
our facilities, or at facilities we may acquire.

We  depend upon the talents and contributions of a limited number
of individuals, many of who would be difficult to replace
-----------------------------------------------------------------
The  loss  or  interruption of the services of  these  executives
could  have a material adverse effect on our business,  financial
condition  and  results  of  operations.   Although  we  maintain
employment agreements with certain members of key management,  it
cannot  be  assured  that  the services of  such  personnel  will
continue.

Cautionary Statements
-----------------------------------------------------------------
Certain  statements in this report, and in particular, statements
found  in  Management's  Discussion  and  Analysis  of  Financial
Condition  and  Results of Operations, constitute forward-looking
statements   within   the  meaning  of  the  Private   Securities
Litigation  Reform Act of 1995.  We believe these forward-looking
statements  are  based  upon reasonable  assumptions  within  the
bounds  of  our knowledge of Ennis.  All such statements  involve
risks  and  uncertainties, and as a result, actual results  could
differ materially from those projected, anticipated or implied by
these  statements.  Such forward-looking statements involve known
and   unknown  risks,  including  but  not  limited  to,  general
economic, business and labor conditions; the ability to implement
our  strategic  initiatives; the ability to be  profitable  on  a
consistent  basis; dependence on sales that are  not  subject  to
long-term  contracts;  dependence on suppliers;  the  ability  to
recover the rising cost of key raw materials in markets that  are
highly  price competitive; the ability meet customer  demand  for
additional  value-added  products and services;  the  ability  to
timely  or  adequately respond to technological  changes  in  the
industry;  the impact of the Internet and other electronic  media
on the demand for forms and printed materials; postage rates; the
ability   manage  operating  expenses;  the  ability  to   manage
financing  costs  and interest rate risk; a decline  in  business
volume and profitability could result in a further impairment  of
goodwill;  the  ability to retain key management  personnel;  the
ability to identify, manage or integrate future acquisitions; the
costs  associated with and the outcome of outstanding and  future
litigation; and changes in government regulations.

In  view of such uncertainties, investors should not place  undue
reliance  on our forward-looking statements since such statements
speak  only as of the date when made.  We undertake no obligation
to  publicly  update  or  revise any forward-looking  statements,
whether  as  a  result  of  new  information,  future  events  or
otherwise.


Available Information:
----------------------
     The  Company makes its annual report on Form 10-K, quarterly
reports on Form 10-Q, current reports on Form 8-K, and amendments
to  reports filed or furnished pursuant to Section 13(a) or 15(d)
of  the  Securities  and Exchange Act of 1934 available  free  of
charge  under  the  Investors  Relations  page  on  its  website,
www.ennis.com,  as  soon  as reasonably  practicable  after  such
reports  are  electronically filed with,  or  furnished  to,  the
Securities  and Exchange Commission ("SEC").  The  Company's  SEC
filings   are   also   available  through  the   SEC's   website,
www.sec.gov.










                                7
<PAGE>

Item 2.   Properties.
------         -----------
     The  Company  operates  forty-two  manufacturing  facilities
located in eighteen states as follows:
                                    Approximate square feet of
                                            floor space
   Location                          Owned    Leased     Total
   --------                          -----    ------     -----

                  Forms Solutions Group
                  ---------------------
Ennis, Texas     Three               334,418        -    334,418
                 Manufacturing
                 Facilities
Chatham,         Manufacturing       127,956        -    127,956
Virginia
Paso Robles,     Manufacturing        94,120        -     94,120
California
Knoxville,       Manufacturing        48,057        -     48,057
Tennessee
Portland,        Manufacturing             -   47,000     47,000
Oregon
Fort Scott,      Manufacturing        86,660        -     86,660
Kansas
DeWitt, Iowa     Two Manufacturing    95,000        -     95,000
                 Facilities
Milwaukee,       Sales Office              -      300        300
Wisconsin
Moultrie,        Manufacturing        25,000        -     25,000
Georgia
Coshocton, Ohio  Manufacturing        24,750        -     24,750
Bellville,       Manufacturing        70,196        -     70,196
Texas
San Antonio,     Manufacturing        47,426        -     47,426
Texas
Columbus,        Manufacturing       201,000        -    201,000
Kansas
Dayton, Ohio     Administrative            -    5,526      5,526
                 Offices
Leipsic, Ohio    Manufacturing        83,216        -     83,216
Edison, New      Manufacturing             -   73,160     73,160
Jersey
El Dorado        Manufacturing        70,894        -     70,894
Springs,
Missouri
Princeton,       Manufacturing             -   74,340     74,340
Illinois
Medfield,        Manufacturing        55,116        -     55,116
Massachusetts
Arlington,       Manufacturing and    88,235   33,120    121,355
Texas            Warehouse
Mechanicsburg,   Warehouse                 -    7,500      7,500
Pennsylvania
Sacramento,      Administrative            -      414        414
California       Offices
                                   ---------  -------  ---------
                                   1,534,444  241,360  1,775,804
                                   =========  =======  =========
                  Promotional Solutions Group
                  ---------------------------
Wolfe City,      Two Manufacturing   119,259        -    119,259
Texas            Facilities
Macomb,          Manufacturing        56,350        -     56,350
Michigan
Bell,            Manufacturing             -   19,286     19,286
California
Denver,          Three                     -  145,528    145,528
Colorado         Manufacturing
                 Facilities and
                 Warehouse
Dallas, Texas    Manufacturing        82,400              82,400
Cerritos,        Manufacturing             -   34,000     34,000
California
                                     -------  -------    -------
                                     258,009  198,814    456,823
                                     =======  =======    =======


                                8
<PAGE>


                   Financial Solutions Group
                   -------------------------
Brooklyn Park,   Manufacturing      94,800          -    94,800
Minnesota
Roseville,       Manufacturing           -     42,500    42,500
Minnesota
Arden Hills,     Warehouse               -     23,684    23,684
Minnesota
Lakewood, New    Administrative          -        642       642
York             Offices
Nevada, Iowa     Manufacturing      48,500          -    48,500
Bridgewater,     Manufacturing           -     27,000    27,000
Virginia
                                   -------   --------   -------
                                   143,300     93,826   237,126
                                   =======   ========   =======
                    Apparel Solutions Group
                    -----------------------
Anaheim,         Administrative          -    200,000   200,000
California       Offices and
                 Distribution
                 Center
Anaheim,         Manufacturing           -    514,065   514,065
California
Chicago,         Distribution            -    120,000   120,000
Illinois         Center
Atlanta,         Distribution            -     31,958    31,958
Georgia          Center
Carrollton,      Distribution            -     26,136    26,136
Texas            Center
Bensalem,        Distribution            -     41,948    41,948
Pennsylvania     Center
Mississauga,     Distribution            -     53,982    53,982
Canada           Center
Los Angeles,     Distribution            -     31,600    31,600
California       Center
Ensenada,        Manufacturing      92,657          -    92,657
Mexico
Hermosillo,      Administrative          -        400       400
Mexico           Offices
Hermosillo,      Manufacturing           -     76,145    76,145
Mexico
Hermosillo,      Manufacturing           -     18,298    18,298
Mexico
Ensenada,        Warehouse               -     17,340    17,340
Mexico
Ensenada,        Manufacturing           -     53,820    53,820
Mexico
Hermosillo,      Manufacturing           -     31,820    31,820
Mexico
                                    ------  --------- ---------
                                    92,657  1,217,512 1,310,169
                                    ======  ========= =========
                    Administrative Offices
                    ----------------------
Midlothian,      Executive and
Texas            Administrative
                 Offices            28,000          -    28,000
                                    ======  ========= =========

     All  of the Forms Solutions Group properties are used for  the
production,  warehousing and shipping of business forms  and  other
business products.  The Promotional Solutions Group properties  are
used for the production, warehousing and shipping of the following:
business forms, flexographic printing, advertising specialties  and
Post-it   (registered   trademark)  Notes  (Wolfe   City,   Texas);
presentation products (Macomb, Michigan and Bell, California);  and
printed  and  electronic promotional media  (Denver,  Colorado  and
Dallas,  Texas).   All of the Financial Solutions Group  properties
are  used  for  the  production  of  warehousing  and  shipping  of
financial  forms. The Apparel Solutions Group properties  are  used
for  the  manufacturing  or  distribution  of  t-shirts  and  other
activewear apparel.




                                9
<PAGE>

     The plants are being operated at normal productive capacity.
Productive  capacity fluctuates with the ebb and flow  of  market
demands  and  depends upon the product mix at a  given  point  in
time.   Equipment is added as existing machinery becomes obsolete
or  unrepairable and as new equipment becomes necessary  to  meet
market  demands; however, at any given time these  additions  and
replacements  are  not  considered to be  material  additions  to
property,  plant  and  equipment,  although  such  additions   or
replacements may increase a plant's efficiency or capacity.

     All of the foregoing facilities are considered to be in good
condition.   The  Company  does not anticipate  that  substantial
expansion  refurbishing or re-equipping will be required  in  the
near future.

    All of the rented property is held under leases with original
terms  of two or more years, expiring at various times from March
2005  through  December  2011.   No  difficulties  are  presently
foreseen in maintaining or renewing such leases as they expire.

Item 3.   Legal Proceedings.
-------   ------------------

     There  are no material pending legal proceedings other  than
ordinary  routine litigation incidental to the business to  which
the  registrant or its subsidiaries are parties or which property
of the registrant or its subsidiaries is the subject.

Item 4.   Submission of Matters to a Vote of Security Holders.
-------   ----------------------------------------------------

    None.


              EXECUTIVE OFFICERS OF THE REGISTRANT

    Pursuant to General Instruction G of Form 10-K, the following
list  is included as an unnumbered Item in Part I of this  report
in  lieu of being included in the Proxy Statement for the  Annual
Meeting of Shareholders to be held on June 16, 2005.

     The  following is a list of names and ages  of  all  of  the
executive officers of the registrant indicating all positions and
offices  with  the registrant held by each such person  and  each
such  person's principal occupation or employment during the past
five  years.   All such persons have been elected to serve  until
the  next annual election of officers (which shall occur on  June
16,  2005)  and  their  successors are elected,  or  until  their
earlier  resignation  or  removal.  No person  other  than  those
listed  below has been chosen to become an executive  officer  of
the registrant.

     Keith  S. Walters, Chairman of the Board, CEO and President,
age  55,  was  elected Chief Executive Officer in November  1997,
Chairman  in  June 1998 and President in July 1998.  Mr.  Walters
was employed by the Company in August 1997 and was elected to the
office  of Vice President Commercial Printing Operations at  that
time.   Prior  to  joining  the Company,  Mr.  Walters  was  with
Atlas/Soundolier, a division of American Trading  and  Production
Company,  for  8  years,  most  recently  as  Vice  President  of
Manufacturing.   Prior  to that time, Mr. Walters  was  with  the
Automotive  Division of United Technologies  Corporation  for  15
years, primarily in manufacturing and operations.


                               10
<PAGE>
      Michael  D. Magill, Executive Vice President and Treasurer,
age  57,  was elected Executive Vice President in February  2005.
Mr.  Magill  was elected Vice President and Treasurer in  October
2003.  Prior to joining the Company, Mr. Magill was President and
Chief Executive Officer of Safeguard Business Systems, Inc. for 6
years.   Prior  to  that  time, Mr.  Magill  was  Executive  Vice
President and CFO of KBK Capital Corporation.  Mr. Magill  joined
KBK  Capital Corporation after 10 years with MCorp, where he held
various  positions  beginning as head of  corporate  finance  and
ending as CFO during MCorp's bankruptcy.

      Harve  Cathey,  Vice  President  Finance,  Chief  Financial
Officer  and  Secretary, age 66, was elected Vice  President  and
Chief  Financial Officer in January 2003.  Mr. Cathey was elected
Secretary  in  October  1998 and Treasurer  in  July  1998.   The
Company  has  employed Mr. Cathey continuously since April  1969.
Previously,  Mr.  Cathey  served as  Vice  President-Finance  and
Secretary  (from September 1983 to September 1996) and  Treasurer
(from June 1978 to December 1992).

     Ronald M. Graham, Vice President Administration, age 57, was
elected Vice President Administration in April 2001.  Mr.  Graham
was  employed by the Company in January 1998 as Director of Human
Relations and was elected Vice President Human Resources in  June
1998.   Prior to joining the Company, Mr. Graham was with  E.  V.
International, Inc. (formerly Mark IV Industries,  Inc.)  for  17
years as Corporate Vice President, Administration.  Prior to that
time,  Mr. Graham was with Sheller-Globe for 3 years as Corporate
Director of Human Resources.

     There  is  no  family  relationship  among  or  between  any
executive officers of the registrant, nor any family relationship
between any executive officers and directors.













                               11
<PAGE>
                             PART II
                             -------

Item  5.   Market for the Registrant's Common Equity, and Related
Shareholder Matters and Issuer Purchases of Equity Securities.
----------------------------------------------------------------
     The  Company's common stock is traded on the New York  Stock
Exchange  under  the trading symbol "EBF".  The  following  table
sets  forth  for the periods indicated:  the high and  low  sales
prices,  the common stock trading volume as reported by  the  New
York Stock Exchange and dividends per share paid by the Company.


                                            Common
                                            Stock
                                           Trading
                         Common Stock       Volume    Dividends
                         Price Range      (number of  per share
                        -------------     shares in   of Common
                        High      Low     thousands)    Stock
                       -----      ---     ----------   ------
Fiscal Year Ended
 February 28, 2005
     First Quarter     $17.11   $14.70      1,595      $0.155
     Second Quarter     19.95    15.26      3,355       0.155
     Third Quarter      22.23    18.31      3,431       0.155
     Fourth Quarter     20.15    16.80      6,045       0.155
Fiscal Year Ended
 February 29, 2004
     First Quarter     $13.67   $10.90      2,038      $0.155
     Second Quarter     15.40    13.44      1,863       0.155
     Third Quarter      14.99    13.20      2,139       0.155
     Fourth Quarter     17.00    14.58      1,437       0.155


     On  April 15, 2005, the last sale price of the common  stock
was  $16.18  per share and the approximate number of shareholders
of record was 1,390.

Item 6.   Selected Financial Data.
-------   ------------------------
     The information required by this item is incorporated herein
by  reference to page 16 of the Company's 2005 Annual  Report  to
Shareholders which is attached as Exhibit (13) hereto.

Item  7.    Management's  Discussion and  Analysis  of  Financial
Condition and Results of Operations.
-----------------------------------------------------------------
     The information required by this item is incorporated herein
by reference to pages 17 through 29 of the Company's 2005 Annual
Report to Shareholders which is attached as Exhibit (13) hereto.

Item  7a.   Quantitative and Qualitative Disclosure About  Market
Risk.
-----------------------------------------------------------------


                               12
<PAGE>

Market Risk

The  Company  is exposed to market risk from changes in  interest
rates on debt.  A discussion of the Company's accounting policies
for  derivative  instruments  is  included  in  the  Summary   of
Significant  Accounting Policies in the Notes to the Consolidated
Financial Statements.

The  Company's net exposure to interest rate risk consists  of  a
floating  rate debt instrument that is benchmarked  to  U.S.  and
European short-term interest rates.  The Company may from time to
time  utilize  interest  rate swaps to manage  overall  borrowing
costs  and  reduce exposure to adverse fluctuations  in  interest
rates.  The  Company  does  not use  derivative  instruments  for
trading  purposes.  The Company is exposed to interest rate  risk
on   short-term  and  long-term  financial  instruments  carrying
variable  interest rates.  The Company's variable rate  financial
instruments, including the outstanding credit facilities, totaled
$111  million  at  fiscal year ended 2005.   The  impact  on  the
Company's  results  of  operations of a one-point  interest  rate
change  on the outstanding balance of the variable rate financial
instruments  as of fiscal year ended 2005 would be  approximately
$1,000,000.  This market risk discussion contains forward-looking
statements.   Actual  results  may differ  materially  from  this
discussion  based upon general market conditions and  changes  in
domestic and global financial markets.


Item 8.   Financial Statements and Supplementary Data.
-------   --------------------------------------------
     The information required by this item is incorporated herein
by  reference to pages 32 through 56 of the Company's 2005 Annual
Report to Shareholders which is attached as Exhibit (13) hereto.


Item  9.    Changes  in  and Disagreements  with  Accountants  on
Accounting and Financial Disclosure.
-----------------------------------------------------------------
     On June 24, 2004, the Company dismissed Ernst & Young LLP as
the  Company's  independent auditors.  On the  same  date,  Grant
Thornton  LLP  was engaged to succeed Ernst & Young  LLP.   There
were  no disagreements between the Company and Ernst & Young  LLP
on  matters of accounting and financial disclosure as reported on
Form 8-K filed on June 25, 2004.

Item 9a.  Controls and Procedures.
--------  -------------------------------------------------------

    The Company's management carried out an evaluation, under the
supervision  and  with the participation of the  Chief  Executive
Officer and the Chief Financial Officer, of the effectiveness  of
the design and operation of the Company's disclosure controls and
procedures (as such term is defined in Rules 13a-15(e)  and  15d-
15(e)  under the Exchange Act) as of February 28, 2005,  pursuant
to  Exchange  Act  Rule 13a-15.  Based upon that evaluation,  the
Chief  Executive  Officer along with the Chief Financial  Officer
concluded  that the Company's disclosure controls and  procedures
as of February 28, 2005, are effective in timely alerting them to
material  information  relating to  the  Company  (including  its
consolidated  subsidiaries)  required  to  be  included  in   the
Company's periodic filings under the Exchange Act.

     No  changes in the Company's internal control over financial
reporting  have  come to management's attention during  the  year
ended  February  28, 2005 that have materially affected,  or  are
reasonably  likely  to materially affect, the Company's  internal
control over financial reporting.

     The  information on Management's Report on Internal  Control
over Financial Reporting is incorporated by reference to page  58
and 59 of the Company's 2005 Annual Report to Shareholders, which
is attached as Exhibit 13 hereto.

                               13
<PAGE>


                            PART III

Item 10.  Directors and Executive Officers of the Registrant.
--------  ---------------------------------------------------
      For  information with respect to executive officers of  the
registrant, see "Executive Officers of the Registrant" at the end
of Part I of this report.

     The information required by this item regarding directors is
incorporated  by reference to pages 6 through 8 of the  Company's
Proxy Statement.

     The Company's code of ethics, which applies to all employees
of  the  Company including the Company's Chief Executive  Officer
(CEO)  and  Chief  Financial Officer (CFO), is posted  under  the
Investors  Relation page on the Company's website, www.ennis.com.
The  Company  intends to disclose any amendments to the  code  of
ethics, or waivers of the code of ethics, which relate to the CEO
or  CFO,  under  the Investors Relations page  on  the  Company's
website, www.ennis.com.  The Company will provide a printed copy,
free  of  charge,  of  the  Company's  Code  of  Ethics  to   any
shareholder requesting such information.  To obtain a copy of the
Company's  Code  of  Ethics, contact Investor  Relations,  Ennis,
Inc., 2441 Presidential Parkway, Midlothian, TX 76065.

Item 11.  Executive Compensation.
--------  ----------------------

     The information required by this item is incorporated herein
by  reference  to  pages  17 through 19 of  the  Company's  Proxy
Statement.

Item  12.   Security Ownership of Certain Beneficial  Owners  and
Management and Related Stockholder Matters.
-----------------------------------------------------------------
     The information required by this item is incorporated herein
by  reference  to  pages  21 through 24 of  the  Company's  Proxy
Statement.

Item 13.  Certain Relationships and Related Transactions.
-------   ----------------------------------------------
     None

Item 14.  Principal Accountant Fees and Services.
-------   ---------------------------------------
     The information required by this item is incorporated herein
by reference to page 11 of the Company's Proxy Statement.









                               14
<PAGE>

                             PART IV
                             -------

Item 15.  Exhibits and Financial Statement Schedules.
-------   -------------------------------------------
           (a)  1.  Financial Statements.
                    See accompanying index to financial statements
                    and financial statement schedule for a list of
                    all financial statements and the financial
                    statement schedule filed as part of this
                    report (page F-1).
                2.  Financial Statement Schedule.
                    See accompanying index to financial statements
                    and financial statement schedule for a list of
                    all financial statements and the financial
                    statement schedule filed as part of this
                    report (page F-1).
                3.  Exhibits
                    The exhibits listed on the accompanying index
                    to exhibits on page 19 through 21 are filed as
                    part of this Form 10-K.








                               15
<PAGE>

     UNDERTAKINGS WITH RESPECT TO REGISTRANT'S REGISTRATION
                      STATEMENTS,  FORM S-8
(NUMBERS:  33-43087, 333-58963, 333-44624, 333-38100, 333-119845)

    (1)   The undersigned registrant hereby undertakes to deliver
or  cause to be delivered with the prospectus, forming a part  of
the referenced registration statement, to each person to whom the
prospectus is sent or given, the latest annual report to security
holders  that is incorporated by reference in the prospectus  and
furnished pursuant to and meeting the requirements of Rule  14a-3
or  Rule  14c-3 under the Securities Exchange Act of  1934;  and,
where  interim financial information required to be presented  by
Article  3  of Regulation S-X is not set forth in the prospectus,
to  deliver, or cause to be delivered, to each person to whom the
prospectus is sent or given, the latest quarterly report that  is
specifically  incorporated  by reference  in  the  prospectus  to
provide such interim financial information.

    (2)   The undersigned registrant hereby undertakes to deliver
or  cause to be delivered with the prospectus to each employee to
whom  the  prospectus is sent or given a copy of the registrant's
annual  report to shareholders for its last fiscal  year,  unless
such  employee otherwise has received a copy of such  report,  in
which  case the registrant shall state in the prospectus that  it
will  promptly furnish, without charge, a copy of such report  on
written request of the employee.  If the last fiscal year of  the
registrant  has  ended within 120 days prior to the  use  of  the
prospectus, the annual report of the registrant for the preceding
fiscal  year may be so delivered, but within such 120 day  period
the  annual report for the last fiscal year will be furnished  to
each such employee.

      (3)    The  undersigned  registrant  hereby  undertakes  to
transmit   or   cause  to  be  transmitted   to   all   employees
participating  in  the  plan who do not  otherwise  receive  such
material  as shareholders of the registrant, at the time  and  in
the  manner such material is sent to its shareholders, copies  of
all   reports,   proxy   statements  and   other   communications
distributed to its shareholders generally.








                               16
<PAGE>
                           SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d)  of  the
Securities  Exchange Act of 1934, the registrant has duly  caused
this  report  to  be  signed on its behalf  by  the  undersigned,
thereunto duly authorized.

                                (Registrant) ENNIS, INC.

Date:  May 16, 2005                BY: /s/  Keith S. Walters
      --------------------        -------------------------------
                                   Keith S. Walters, Chairman of
                                   the Board, Chief Executive
                                   Officer and President


Date:  May 16, 2005                BY: /s/  Harve Cathey
      --------------------        -------------------------------
                                   Harve Cathey
                                   Vice President - Finance and
                                   CFO, Secretary and Principal
                                   Financial and Accounting
                                   Officer

     Pursuant to the requirements of the Securities Exchange  Act
of  1934,  this  report has been signed below  by  the  following
persons on behalf of the Registrant and in the capacities and  on
the dates indicated.


Date:  May 16, 2005                BY: /s/  Keith S. Walters
      --------------------        -------------------------------
                                   Keith S. Walters, Director


Date:  May 16, 2005                BY: /s/  Ronald M. Graham
      --------------------        -------------------------------
                                   Ronald M. Graham, Director


Date:  May 16, 2005                BY: /s/  Harold W. Hartley
      --------------------        -------------------------------
                                   Harold W. Hartley, Director


Date:  May 16, 2005                BY: /s/  Thomas R. Price
      --------------------        -------------------------------
                                   Thomas R. Price, Director


Date:  May 16, 2005                BY: /s/  Kenneth G. Pritchett
      --------------------        -------------------------------
                                   Kenneth G. Pritchett, Director











                               17
<PAGE>

                  INDEX TO FINANCIAL STATEMENTS
                AND FINANCIAL STATEMENT SCHEDULE



      The  following  is a list of the financial  statements  and
financial statement schedule which are included in this Form 10-K
or  which are incorporated herein by reference.  The consolidated
financial  statements of the Company included  in  the  Company's
2005  Annual  Report to Shareholders are incorporated  herein  by
reference  in Item 8.  With the exception of the pages listed  in
this  index and pages listed in Items 1, 6, 7 and 8 incorporating
certain   portions  of  the  Company's  2005  Annual  Report   to
Shareholders,  such  2005 Annual Report to  Shareholders  is  not
deemed  to  be  filed as part of this Form 10-K.   The  Company's
fiscal  years  ended  February 28, 2005, February  29,  2004  and
February  28,  2003  (fiscal years ended  2005,  2004  and  2003,
respectively).


                                                       2005
                                                      Annual
                                          Form       Report to
                                          10-K     Shareholders
                                          ----     ------------
Consolidated Financial Statements of
the Company:
  Consolidated Statements of Earnings                   32
     - Fiscal years ended 2005, 2004
     and 2003
  Consolidated Statements of Cash                       33
     Flows - Fiscal years ended 2005,
     2004 and 2003
  Consolidated Balance Sheets - Fiscal                34 - 35
     years ended 2005 and 2004
  Notes to Consolidated Financial                     37 - 56
     Statements
Reports of Independent Registered          S-2
  Public Accounting Firm for fiscal
  years ended 2003, 2004 and 2005

  II - Valuation and qualifying            S-3
     accounts

   All other schedules are omitted as the required information is
inapplicable  or  the information is presented in  the  financial
statement or related notes.

                               F-1
<PAGE>

     Report of Independent Registered Public Accounting Firm


Board of Directors and Shareholders
Ennis, Inc.

We have audited the accompanying consolidated balance sheet of
Ennis, Inc. and subsidiaries (the Company) as of February 29, 2004
and the related consolidated statements of earnings, shareholders'
equity and cash flows for each of the two years in the period ended
February 29, 2004.  These financial statements are the
responsibility of the Company's management.  Our responsibility is
to express an opinion on these financial statements based on our
audits.

We conducted our audits in accordance with the standards of the
Public Company Accounting Oversight Board (United States).  Those
standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are
free of material misstatement.  We were not engaged to perform an
audit of the Company's internal control over financial reporting.
Our audit included consideration of internal control over
financial reporting as a basis for designing audit procedures
that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the
Company's internal control over financial reporting.
Accordingly, we express no such opinion.   An audit also includes
examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting
principles used and significant estimates made by management, and
evaluating the overall financial statement presentation.  We
believe that our audits provide a reasonable basis for our
opinion.

In our opinion, the consolidated financial statements referred to
above present fairly, in all material respects, the consolidated
financial position of Ennis Inc. and subsidiaries as of February
29, 2004 and the consolidated results of their operations and
their cash flows for each of the two years in the period ended
February 29, 2004, in conformity with U.S. generally accepted
accounting principles.


                      /s/ ERNST & YOUNG LLP


Dallas, Texas
April 14, 2004




                             S-2(A)
<PAGE>



     REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


Board of Directors and
Shareholders of Ennis, Inc.

We  have  audited in accordance with the standards of the  Public
Company   Accounting   Oversight  Board   (United   States)   the
consolidated financial statements of Ennis, Inc. and Subsidiaries
referred to in our report dated May 6, 2005, which is included in
the  annual  report  to  security  holders  and  incorporated  by
reference  in Part II of this form.  Our audit was conducted  for
the  purpose  of  forming  an  opinion  on  the  basic  financial
statements taken as a whole.  Schedule II listed in the index  of
financial  statements  is presented for  purposes  of  additional
analysis  and  is  not  a required part of  the  basic  financial
statements.   This schedule has been subjected  to  the  auditing
procedures applied in the audit of the basic financial statements
and, in our opinion, is fairly stated in all material respects in
relation to the basic financial statements taken as a whole.

/s/ GRANT THORNTON LLP

Dallas, Texas
May 16, 2005



















                             S-2(B)
<PAGE>



                           Schedule II

                  ENNIS, INC. AND SUBSIDIARIES

                Valuation and Qualifying Accounts

               Three Years Ended February 28, 2005
                         (In thousands)

<TABLE>
<CAPTION>
                                 Additions1
                                 ----------
                  Balance
                    at        Charged    Charged               Balance
                 beginning      to      to other                at end
  Description     of year   operations  accounts   Deductions  of year
  -----------     -------   ----------  --------   ----------  -------
<S>              <C>        <C>         <C>        <C>         <C>
Year ended
February 28,
2005:
 Allowance for
   doubtful
   receivables      $1,771          893  1,620(1)     717(2)      3,567
 Inventory
   reserve             244               3,579(3)                 3,823
 Health care
   reserve           1,482        7,710             6,812         2,380


Year ended
  February 29,
  2004:
 Allowance for
   doubtful
   receivables      $1,294          890     47(4)     460(2)      1,771
 Inventory
   reserve             150           94                             244
 Health care
   reserve           1,158        6,706             6,382         1,482


Year ended
  February 28,
  2003:
 Allowance for
   doubtful
   receivables      $1,486          941    135(5)   1,268(2)      1,294
 Inventory
   reserve              --          150                             150
 Health care
   reserve             881        5,806             5,529         1,158

</TABLE>

Notes:
-----
   (1)  Principally Allowance from Acquisition of Alstyle
        Apparel, Crabar/GBF, Inc., and Royal Business Forms, Inc.
   (2)  Charge-off of uncollectible receivables.
   (3)  Principally Reserve from Acquisition of Alstyle Apparel.
   (4)  Principally collection of accounts previously charged off.
   (5)  Principally Allowance from Acquisition of Calibrated
        Forms Co., Inc.


                               S-3
<PAGE>
                        INDEX TO EXHIBITS



    Exhibit 2.1     Agreement  and Plan of Merger  dated  as  of
                    June  25,  2004  by and among  Ennis,  Inc.,
                    Midlothian   Holdings   LLC,   and   Centrum
                    Acquisition,  Inc., incorporated  herein  by
                    reference to Exhibit 2.1 to the Registrant's
                    Form S-4 filed on September 3, 2004.
    Exhibit 2.2     First  Amendment to Agreement  and  Plan  of
                    Merger  dated as of August 23, 2004  by  and
                    among Ennis, Inc., Midlothian Holdings  LLC,
                    and  Centrum Acquisition, Inc., incorporated
                    herein  by reference to Exhibit 2.2  to  the
                    Registrant's Form S-4 filed on September  3,
                    2004.
    Exhibit 3.1     Restated   Articles  of   Incorporation   as
                    amended  through June 23, 1983 with attached
                    amendments  dated June 20,  1985,  July  31,
                    1985  and June 16, 1988 incorporated  herein
                    by   reference   to   Exhibit   5   to   the
                    Registrant's Form 10-K Annual Report for the
                    fiscal year ended February 28, 1993.
    Exhibit 3.2     Bylaws  of the Registrant as amended through
                    October  15,  1997  incorporated  herein  by
                    reference   to   Exhibit   3(ii)   to    the
                    registrant's Form 10-Q Quarterly Report  for
                    the quarter ended November 30, 1997.
    Exhibit 3.3     Articles  of  Amendment to the  Articles  of
                    Incorporation of Ennis Business Forms,  Inc.
                    filed  on June 17, 2004 incorporated  herein
                    by   reference  to  Exhibit   3.3   to   the
                    registrant's Form 10-Q Quarterly Report  for
                    the quarter ended November 30, 2004.
    Exhibit 10.1    Employee  Agreement between Ennis, Inc.  and
                    Keith   S.   Walters  dated  May   1,   2003
                    incorporated herein by reference to  Exhibit
                    10.1  to  the Registrant's Form 10-K  Annual
                    Report  for  the fiscal year ended  February
                    29, 2004.
    Exhibit 10.2    Employee  Agreement between Ennis, Inc.  and
                    Ronald   M.   Graham  dated  May   1,   2003
                    incorporated herein by reference to  Exhibit
                    10.2  to  the Registrant's Form 10-K  Annual
                    Report  for  the fiscal year ended  February
                    29, 2004.
    Exhibit 10.3    Employee  Agreement between Ennis, Inc.  and
                    Michael  D.  Magill dated  October  7,  2003
                    incorporated herein by reference to  Exhibit
                    10.3  to  the Registrant's Form 10-K  Annual
                    Report  for  the fiscal year ended  February
                    29, 2004.
    Exhibit 10.4    2004  Long-Term Incentive Plan  incorporated
                    herein  by reference to Exhibit 4.1  of  the
                    Registrant's  Form S-8 filed on  January  5,
                    2005.
    Exhibit 10.5    Stock  Purchase Agreement dated as  of  June
                    25,   2004,  among  Crabar/GBF,   Inc.   the
                    shareholders of Crabar/GBF, Inc. and  Ennis,
                    Inc.  incorporated herein  by  reference  to
                    Exhibit 2 to the Registrant's Current Report
                    on Form 8-K filed on July 15, 2004.

                               18
<PAGE>


    Exhibit 10.6   First  Amendment Agreement dated as of  June
                   25,  2004,  by  and among Amin Amdani,  Rauf
                   Gajiani,  Centrum Acquisition, Inc.,  Ennis,
                   Inc.    and    Midlothian    Holdings    LLC
                   incorporated herein by reference to  Exhibit
                   10.6  to the Registrant's Form S-4 filed  on
                   September 3, 2004.
    Exhibit 10.7   Indemnity  Agreement dated as  of  June  25,
                   2004,  by  and among Laurence Ashkin,  Roger
                   Brown,  John McLinden, Arthur Slaven, Ennis,
                   Inc.    and    Midlothian    Holdings    LLC
                   incorporated herein by reference to  Exhibit
                   10.7  to the Registrant's Form S-4 filed  on
                   September 3, 2004.
    Exhibit 10.8   Indemnity  Agreement dated as  of  June  25,
                   2004,  by  and among Laurence Ashkin,  Roger
                   Brown,  John McLinden, Arthur Slaven, Ennis,
                   Inc.    and    Midlothian    Holdings    LLC
                   incorporated herein by reference to  Exhibit
                   10.8  to the Registrant's Form S-4 filed  on
                   September 3, 2004.
    Exhibit 10.9   UPS  Ground, Air Hundredweight and  Sonicair
                   Incentive    Program    Carrier    Agreement
                   incorporated herein by reference to  Exhibit
                   10  to  the  Registrant's Form  10-K  Annual
                   Report  for  the fiscal year ended  February
                   29, 2003.
    Exhibit 10.10  Addendum  to  UPS Ground, Air  and  Sonicair
                   Incentive Program Carrier Agreement dated as
                   of  August 9, 2004, between Ennis, Inc.  and
                   United  Parcel  Service,  Inc.  incorporated
                   herein by reference to Exhibit 10.10 to  the
                   Registrant's Form S-4 filed on September  3,
                   2004.*
    Exhibit 10.11  Carbonless Paper Agreement dated as of  July
                   13,  2004  between Ennis, Inc & MeadWestvaco
                   Corporation incorporated herein by reference
                   to Exhibit 10.11 to the Registrant's Form S-
                   4 filed on September 3, 2004.*
    Exhibit 10.12  Fourth  Amendment to Credit Agreement  dated
                   as of June 25, 2004, between Ennis, Inc. and
                   Bank   One,   NA  incorporated   herein   by
                   reference   to   Exhibit   10.12   to    the
                   Registrant's Form S-4 filed on September  3,
                   2004.
    Exhibit 10.13  Assignment  Agreement dated as of  June  30,
                   2004, between U.S. Bank National Association
                   and  Compass  Bank  incorporated  herein  by
                   reference   to   Exhibit   10.13   to    the
                   Registrant's Form S-4 filed on September  3,
                   2004.
    Exhibit 13     Portions   of   2005   Annual   Report    to
                   Shareholders
    Exhibit 21     Subsidiaries of Registrant
    Exhibit 23.1   Consent of Independent Auditors
    Exhibit 23.2   Consent of Independent Auditors
    Exhibit 31.1   Certification Pursuant to Rule 13a-14(a)/15d-
                   14(a) (Chief Executive Officer)


                               19
<PAGE>


    Exhibit 31.2   Certification Pursuant to Rule 13a-14(a)/15d-
                   14(a) (Chief Financial Officer)
    Exhibit 32.1   Certification pursuant to 18 U.S.C.  Section
                   1350, as adopted pursuant to Section 906  of
                   the Sarbanes-Oxley Act of 2002
    Exhibit 32.2   Certification pursuant to 18 U.S.C.  Section
                   1350, as adopted pursuant to Section 906  of
                   the Sarbanes-Oxley Act of 2002


 *   Portions of Exhibit have been omitted pursuant to a  request
 for  confidential  treatment  filed   with  the  Securities  and
 Exchange Commission.
































                               20
<PAGE>